“…On a month-to-month basis, San Diego defaults and foreclosures were up from February, but they have declined in eight of the last 12 months. The March total for notices of default was 2,263, compared with 2,166 in February and 3,832 in March 2009….”[/quote]
Of course those stats have nothing to do with improving market conditions rather not counting them.
The delinquency rate for over 2 months late just hit an all time high in SD. It’s 10% of all mortgage holders.[/quote]
Right, when you refuse to foreclose on the deadbeats, is it any wonder “foreclosure stats” are down? Who do they think they are fooling with this hogwash?
